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Most-Downgraded Stocks  
NASDAQ:PLUG

Plug Power - PLUG Stock Forecast, Price & News

$10.75
-0.48 (-4.27%)
(As of 03/27/2023 12:04 PM ET)
Add
Compare
Today's Range
$10.62
▼
$11.46
50-Day Range
$10.84
▼
$17.89
52-Week Range
$10.61
▼
$32.05
Volume
9.63 million shs
Average Volume
17.62 million shs
Market Capitalization
$6.38 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$23.86

Plug Power MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
110.1% Upside
$23.86 Price Target
Short Interest
Bearish
15.33% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.13
Upright™ Environmental Score
News Sentiment
0.73mentions of Plug Power in the last 14 days
Based on 14 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.72) to ($0.17) Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.32 out of 5 stars

Industrial Products Sector

86th out of 179 stocks

Electrical Industrial Apparatus Industry

4th out of 9 stocks

See Top Rated MarketRank™ Stocks Here

PLUG stock logo

About Plug Power (NASDAQ:PLUG) Stock

Plug Power Inc. is a green energy play focused on Hydrogen and hydrogen fuel cells and it is the leader in the push toward a green hydrogen economy. Among the many advantages of hydrogen fuel cells are the unlimited supply of hydrogen and the ability to harvest it from renewable, green energy sources. Additionally, power-sensitive industries like Health Care, Data Centers, and Communications services can ensure their own operations by utilizing hydrogen fuel cells as a primary or back-up system.

Plug Power Inc develops, designs, manufactures, markets, installs, and services a line of end-to-end hydrogen and zero-emission fuel cell solutions. These solutions are tailored for supply chain and logistics applications, on-road electric vehicles, and stationary power generation for businesses and industries in North America and internationally.

Green Hydrogen is hydrogen split from a base molecule using electricity generated by sustainable sources such as fuel cells, solar, or wind. One of the most visible uses of hydrogen fuel cells is in warehouse settings where it is used to run loaders and forklifts. The technology not only saves on costs but reduces emissions within an enclosed warehouse or retail space. A few of the companies capitalizing on the technology are Walmart, Amazon, FedEx, and The Home Depot. The company was founded in 1997, went public in 1999, and is headquartered in Latham, New York.

Plug Power’s goal is to build an end-to-end green hydrogen ecosystem that includes green hydrogen production, storage and delivery, and energy generation through a network of grid-connected power stations and refueling points. A key milestone in the company’s history was hit in 2014 when Plug Power, Inc deployed the GenKey solutions for the first time. The GenKey system is a suite of turnkey services that streamlines the upgrade to hydrogen fuel cells. Essentially, Plug Power installs and hen services fully-operational fuel cell systems. These solutions include IoT connectivity for maintenance and servicing that ensures best-in-class uptime for all fuel cell solutions.

Among the company’s many products are proton exchange membrane (PEM) for fuel cells, individual fuel cells and hydrogen fuel processing technologies, and hybrid EV/Hydrogen technologies as well as equipment for hydrogen and green hydrogen generation, storage, and dispensing infrastructure.

Plug Power, Inc. has strategic agreements with Airbus, Lhyfe, Edison Motors, Phillips 66, Apex Clean Energy, BAE Systems, and Universal Hydrogen Co. The partnership with Airbus is exploring the use of hydrogen in airplanes and airports, the partnership with Lhyfe is expanding hydrogen use in the EU logistics market, the partnership with Edison Motors is focused on a hydrogen-only city bus solution, and the deal with Phillips 66 aims at expanding and scaling Plug Power’s hydrogen production capabilities as needed.

 

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PLUG Stock News Headlines

March 10, 2023 | marketbeat.com
FuelCell Energy Gains Traction, Shares Surge  (PLUG)
FuelCell Energy, Inc pops on better than expected results but details in the report cap gains and point to sideways trading this year.
March 2, 2023 | marketbeat.com
Is Plug Power A Dead Connection? 
Plug Power is powering to new lows following a weak report but the guidance is strong and suggests a rebound could begin later in the year.
March 27, 2023 | Investor Place Media (Ad)
The "King Of Quants" sees 10X potential...
Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...
March 25, 2023 | reuters.com
PLUG.O
March 25, 2023 | finance.yahoo.com
Why Is Everyone Talking About Plug Power Stock?
March 25, 2023 | americanbankingnews.com
Plug Power (NASDAQ:PLUG) Trading Up 9.5%
March 22, 2023 | marketwatch.com
Plug Power Expands New Offering for Forklift Fleets, Shares Rise 6%
March 22, 2023 | benzinga.com
Plug Power Unusual Options Activity For March 22
March 27, 2023 | Behind the Markets (Ad)
BREAKING: Tiny biotech successfully treats blindness
There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
March 22, 2023 | finanznachrichten.de
Plug Power, Inc.: Plug Now Offering Turnkey Hydrogen Fuel Cell Solution that Delivers Savings Over Batteries for Forklift Fleets of 100 or Fewer
March 21, 2023 | msn.com
Plug Power to offer fuel cell solution for smaller forklift fleets
March 21, 2023 | finance.yahoo.com
Why Plug Power Stock Popped on Tuesday
March 21, 2023 | finance.yahoo.com
Plug Now Offering Turnkey Hydrogen Fuel Cell Solution that Delivers Savings Over Batteries for Forklift Fleets of 100 or Fewer
March 20, 2023 | stocknews.com
3 Stocks to Remove From Your Watchlist
March 17, 2023 | benzinga.com
Plug Power Unusual Options Activity
March 17, 2023 | marketwatch.com
Plug Power Inc. stock remains steady Thursday, underperforms market
March 16, 2023 | finance.yahoo.com
Plug Power (PLUG) Flat As Market Gains: What You Should Know
March 15, 2023 | marketwatch.com
Plug Power Inc. stock outperforms competitors despite losses on the day
March 14, 2023 | marketwatch.com
Plug Power Inc. stock underperforms Tuesday when compared to competitors
March 13, 2023 | marketwatch.com
Plug Power Inc. stock rises Monday, still underperforms market
March 12, 2023 | fool.com
Plug Power (NASDAQ: PLUG)
March 10, 2023 | finance.yahoo.com
Plug Power Stock Is Down 82% From the 10-Year High: Here's Why It's Not Time to Buy the Dip
March 9, 2023 | finance.yahoo.com
Why Shares of Plug Power Plunged Today
March 8, 2023 | finance.yahoo.com
‘There’s a Clear Path to Sustainable Energy,’ According to Elon Musk — Here Are 2 Stocks to Take Advantage
March 7, 2023 | finanznachrichten.de
Plug Power, Inc.: Uniper Selected Plug to Design the 100 MW Electrolyzer Package for Netherlands Plant to Accelerate European Green Energy Adoption
March 7, 2023 | msn.com
Plug Power Stock: Buy the Dip or Bail? Analyst Weighs In
March 6, 2023 | msn.com
Plug Power Stock (NASDAQ:PLUG): Plug In for Powerful Upside Potential
See More Headlines
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PLUG Company Calendar

Last Earnings
11/09/2021
Today
3/27/2023
Next Earnings (Estimated)
5/08/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Electrical industrial apparatus
Sub-Industry
N/A
Sector
Industrial Products
Current Symbol
NASDAQ:PLUG
CUSIP
N/A
CIK
1093691
Web
www.plugpower.com
Phone
(518) 782-7700
Fax
518-782-9060
Employees
3,353
Year Founded
1997

Price Target and Rating

Average Stock Price Forecast
$23.86
High Stock Price Forecast
$38.00
Low Stock Price Forecast
$13.00
Forecasted Upside/Downside
+112.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
19 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($1.25)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-724,010,000.00
Net Margins
-103.22%
Pretax Margin
-103.10%
Return on Equity
-16.94%
Return on Assets
-12.50%

Debt

Debt-to-Equity Ratio
0.12
Current Ratio
5.20
Quick Ratio
4.19

Sales & Book Value

Annual Sales
$701.44 million
Price / Sales
9.50
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$6.97 per share
Price / Book
1.61

Miscellaneous

Outstanding Shares
593,390,000
Free Float
589,240,000
Market Cap
$6.66 billion
Optionable
Optionable
Beta
1.81

Social Links


Key Executives

  • Andrew J. MarshAndrew J. Marsh
    President, Chief Executive Officer & Director
  • Keith C. SchmidKeith C. Schmid
    Chief Operating Officer & Senior Vice President
  • Paul B. MiddletonPaul B. Middleton
    Chief Financial Officer & Senior Vice President
  • Tim Cortes
    Chief Technology Officer
  • Sanjay Kumar ShresthaSanjay Kumar Shrestha
    Chief Strategy Officer & Executive Vice President

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions













PLUG Stock - Frequently Asked Questions

Should I buy or sell Plug Power stock right now?

19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Plug Power in the last year. There are currently 7 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PLUG shares.
View PLUG analyst ratings or view top-rated stocks.

What is Plug Power's stock price forecast for 2023?

19 brokers have issued 12-month price objectives for Plug Power's shares. Their PLUG share price forecasts range from $13.00 to $38.00. On average, they expect the company's stock price to reach $23.86 in the next twelve months. This suggests a possible upside of 112.5% from the stock's current price.
View analysts price targets for PLUG or view top-rated stocks among Wall Street analysts.

How have PLUG shares performed in 2023?

Plug Power's stock was trading at $12.37 at the beginning of the year. Since then, PLUG stock has decreased by 9.2% and is now trading at $11.23.
View the best growth stocks for 2023 here.

When is Plug Power's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 8th 2023.
View our PLUG earnings forecast.

How were Plug Power's earnings last quarter?

Plug Power Inc. (NASDAQ:PLUG) announced its earnings results on Tuesday, November, 9th. The electronics maker reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.09) by $0.10. The electronics maker had revenue of $143.92 million for the quarter, compared to analysts' expectations of $142.87 million. Plug Power had a negative net margin of 103.22% and a negative trailing twelve-month return on equity of 16.94%. During the same period in the previous year, the business earned ($0.11) EPS.

What ETFs hold Plug Power's stock?

ETFs with the largest weight of Plug Power (NASDAQ:PLUG) stock in their portfolio include Global X Hydrogen ETF (HYDR), Defiance Next Gen H2 ETF (HDRO), Direxion Hydrogen ETF (HJEN), ALPS Clean Energy ETF (ACES), Virtus Duff & Phelps Clean Energy ETF (VCLN), ProShares S&P Kensho Cleantech ETF (CTEX), Global X Clean Tech ETF (CTEC) and VanEck Green Infrastructure ETF (RNEW).

What guidance has Plug Power issued on next quarter's earnings?

Plug Power issued an update on its FY 2026 earnings guidance on Thursday, March, 16th. The company provided EPS guidance of for the period. The company issued revenue guidance of $5.00 billion-$5.00 billion.

What is Andy Marsh's approval rating as Plug Power's CEO?

27 employees have rated Plug Power Chief Executive Officer Andy Marsh on Glassdoor.com. Andy Marsh has an approval rating of 52% among the company's employees. This puts Andy Marsh in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Plug Power own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Plug Power investors own include FuelCell Energy (FCEL), Advanced Micro Devices (AMD), Tesla (TSLA), NIO (NIO), NVIDIA (NVDA), Ballard Power Systems (BLDP), Micron Technology (MU), Block (SQ) and Nokia Oyj (NOK).

What is Plug Power's stock symbol?

Plug Power trades on the NASDAQ under the ticker symbol "PLUG."

Who are Plug Power's major shareholders?

Plug Power's stock is owned by a number of institutional and retail investors. Top institutional investors include Voya Investment Management LLC (2.98%), BNP PARIBAS ASSET MANAGEMENT Holding S.A. (2.95%), Norges Bank (2.93%), Morgan Stanley (1.72%), Deer Park Road Corp (0.00%) and Geode Capital Management LLC (1.31%). Insiders that own company stock include Andrew Marsh, Fivet Capital Holding Ag, George C Mcnamee, Gerard L Conway Jr, Gregory Kenausis, Jonathan M Silver, Keith Schmid, Lucas P Schneider, Martin Daniel Hull, Maureen O Helmer, Paul B Middleton and Sanjay K Shrestha.
View institutional ownership trends.

How do I buy shares of Plug Power?

Shares of PLUG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Plug Power's stock price today?

One share of PLUG stock can currently be purchased for approximately $11.23.

How much money does Plug Power make?

Plug Power (NASDAQ:PLUG) has a market capitalization of $6.66 billion and generates $701.44 million in revenue each year. The electronics maker earns $-724,010,000.00 in net income (profit) each year or ($1.25) on an earnings per share basis.

How many employees does Plug Power have?

The company employs 3,353 workers across the globe.

How can I contact Plug Power?

Plug Power's mailing address is 968 ALBANY-SHAKER ROAD, LATHAM NY, 12110. The official website for the company is www.plugpower.com. The electronics maker can be reached via phone at (518) 782-7700, via email at investors@plugpower.com, or via fax at 518-782-9060.

This page (NASDAQ:PLUG) was last updated on 3/27/2023 by MarketBeat.com Staff